Commerzbank Aktiengesellschaft FI Buys 16,410 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Commerzbank Aktiengesellschaft FI boosted its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 23.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 85,714 shares of the company's stock after purchasing an additional 16,410 shares during the quarter. Commerzbank Aktiengesellschaft FI's holdings in Host Hotels & Resorts were worth $1,218,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. raised its stake in Host Hotels & Resorts by 185,200.0% during the 1st quarter. NBC Securities Inc. now owns 1,853 shares of the company's stock worth $26,000 after acquiring an additional 1,852 shares during the period. Jones Financial Companies Lllp raised its position in shares of Host Hotels & Resorts by 202.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company's stock valued at $28,000 after buying an additional 1,088 shares during the last quarter. Versant Capital Management Inc raised its position in shares of Host Hotels & Resorts by 696.3% during the first quarter. Versant Capital Management Inc now owns 2,341 shares of the company's stock valued at $33,000 after buying an additional 2,047 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of Host Hotels & Resorts by 80.1% during the first quarter. Farther Finance Advisors LLC now owns 4,287 shares of the company's stock valued at $62,000 after buying an additional 1,906 shares during the last quarter. Finally, Rossby Financial LCC bought a new stake in shares of Host Hotels & Resorts during the first quarter valued at approximately $66,000. 98.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HST. JPMorgan Chase & Co. began coverage on shares of Host Hotels & Resorts in a research note on Monday, June 23rd. They issued a "neutral" rating and a $16.00 price target on the stock. Jefferies Financial Group cut shares of Host Hotels & Resorts from a "buy" rating to a "hold" rating and dropped their target price for the stock from $20.00 to $14.00 in a report on Wednesday, April 9th. Truist Financial dropped their target price on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a report on Friday, March 21st. Evercore ISI reiterated an "outperform" rating on shares of Host Hotels & Resorts in a report on Friday, May 16th. Finally, Morgan Stanley reiterated an "outperform" rating on shares of Host Hotels & Resorts in a report on Tuesday. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Host Hotels & Resorts currently has an average rating of "Hold" and an average target price of $17.96.

Host Hotels & Resorts Trading Up 0.5%

Shares of NASDAQ:HST traded up $0.08 during midday trading on Friday, reaching $16.14. The company had a trading volume of 5,127,035 shares, compared to its average volume of 8,807,714. The company has a fifty day simple moving average of $15.70 and a two-hundred day simple moving average of $15.57. The firm has a market cap of $11.20 billion, a price-to-earnings ratio of 16.81 and a beta of 1.31. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.08 and a current ratio of 2.08. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $19.37.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.56 by $0.08. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.55 billion. Host Hotels & Resorts had a return on equity of 10.11% and a net margin of 11.66%. The company's revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.60 EPS. Research analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a $0.20 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.80 dividend on an annualized basis and a yield of 4.96%. Host Hotels & Resorts's dividend payout ratio is 83.33%.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.